Cadence Minerals #KDNC – European Metals statement re Czech Ministry of Industry & Trade, plus statement re Beaufort Securities
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) note that European Metals Holdings (ASX & AIM: EMH) has responded to recent public statements and correspondence European Metals had received overnight from Mr Thomas Huner, Minister of Industry and Trade of the Czech Republic, purporting to terminate the Memorandum of Understanding dated 2 October 2017 between the European […]
Andalas Energy & Power #ADL – Statement re Joint Broker
Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL), notes the announcement today regarding Beaufort Securities Limited and Beaufort Asset Clearing Services Limited being placed into insolvency and that the Financial Conduct Authority has imposed requirements on BSL and BACSL to cease all regulatory activity. BSL is joint broker to […]
Cadence Minerals #KDNC – Appointment of Beaufort Securities as Joint Broker & Director Share Purchases
Cadence Minerals (AIM/NEX: KDNC; OTC: KDNCY) is pleased to announce the appointment of Beaufort Securities Limited as the Company’s joint broker with immediate effect. Kiran Morzaria, Chief Executive Officer of Cadence, commented: “I’m pleased to announce the appointment of Beaufort Securities to complement our existing advisory services and assist in relaying the information about the lithium projects […]
Prairie Mining #PDZ – Tier 1 assets & perfect macro. Buy at 30p, target price 90p say Beaufort Securities
Prairie Mining recently published an update describing the coking coal macro in Europe and Poland. The release focused on the European Commission’s 2017 critical materials list, the global lack of new coking coal projects, and the Polish government’s support for new modern coal mines. We also note how the new Polish Prime Minister is pushing […]
Tertiary Minerals #TYM placing raises £500,000 to progress projects and acquisition opportunities
Tertiary Minerals plc, the AIM traded company building a strategic position in the fluorspar sector, is pleased to announce that it has raised £500,000 before expenses by way of a placing of 41,666,670 new ordinary shares at 1.2 pence per share by the Company’s joint broker Beaufort Securities Ltd. The Placing Shares will rank pari-passu […]
Tertiary Minerals #TYM – Broker Views following landmark agreement with global Commodities trading giant Possehl Erzkontor GmbH & Co.
Tertiary Minerals #TYM Broker Views following landmark agreement with global Commodities trading giant Possehl Erzkontor GmbH & Co. SP Angel: Tertiary Minerals* (TYM LN) 0.7p, Mkt Cap £2.2m – Securing fluorspar off take agreements – The MoU and offtake agreement and its link to financing is an important milestone for Tertiary as it provides a […]
Speculative Buy rating for Andalas Energy & Power (ADL) – Beaufort Securities
Andalas Energy & Power (ADL.L) Speculative Buy at 0.06p Target Price: 0.20p Andalas is a wellhead gas power plant developer focused on the Indonesian island Sumatra. It’s working with Indonesia’s National Oil Company (Pertamina), and a division of state-owned construction company PT PP (Persero). Together they are developing gas power projects where grid infrastructure is […]
Andalas Energy and Power (ADL) – Loan Note
Andalas Energy and Power Plc, the AIM traded Indonesian focused energy company (AIM: ADL) has issued a £500,000 zero coupon loan note which will strengthen the Company’s working capital position while it continues to progress the Company’s strategy. The Loan Note, which has been issued to Sandabel Capital L.P. is secured against the assets of […]
Beaufort Securities view on Advanced Oncotherapy (AVO)
Beaufort Securities view on Advanced Oncotherapy (AVO). It always comes as a surprise when the market reacts violently to some news item whose impact was considered already to be priced-in. Yesterday’s announcement told shareholders nothing new. Back in November, AVO detailed the fact that Sinophi was no longer to proceed with the installation of LIGHT […]
Beaufort Securities – Re-assessing the Tertiary Minerals (TYM) opportunity – Speculative Buy
Strategic fluorspar assets Tertiary is a fluorspar mine development company with large scale projects in Europe and the U.S. Its two main assets, the MB Project in Nevada and Storuman in Sweden, both have potential to be average to low cost operations with targeted production costs of between $150 and $200/t of acid grade fluorspar. Tertiary’s […]